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Schroder Real Estate Investment Trust makes further £12 million debt repayment (UK)

July 16, 2012

Following Schroder Real Estate Investment Trust Limited’s previously announced disposal of its investment in Plantation Place on May 2, 2012, the company announces that it has now repaid a further £12 million of debt, reducing its securitized loan from £163.5 million (approx. €208 million) to £151.5 million. The repayment reduces the company’s annual loan interest cost by a further £0.7 million from £9.4 million to £8.7 million and follows the previously announced debt repayment of £10 million

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